Verdict: Very Bad Shadow inventory of unsold homes jumped in the month of August, according to CoreLogic “CoreLogic estimates shadow inventory, sometimes called pending supply, by calculating the number of properties that are seriously delinquent…
The mayor and residents of St. Louis will not like this, but the city is the most crime-ridden in the United States. This may shock some, as most people would have guessed Detroit, or…
Earlier this month, while everyone’s attention was focused on the midterm elections, the US Department of Education published proposed new rules governing access to federal direct and federally guaranteed student loans. The most controversial…
Netflix (NASDAQ: NFLX) will not admit publicly that its DVD-via-mail business is dying. But, its announcement today that it will offer an “internet only” product is a powerful hint that the company sees its…
Active traders and day traders have many stocks to choose from this Monday morning. We are tracking news and moves in shares of Affymax, Inc. (NASDAQ: AFFY), Celldex Therapeutics, Inc. (NASDAQ: CLDX), Cirrus Logic, Inc. (NASDAQ: CRUS), Gold…
Twitter has, by most estimates, 145 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than one million Twitter…
Several experts estimate that as many as 130 million shoppers will visit stores or online retail sites on Black Friday. The number is deceiving. The National Retail Federation expects the holiday sales of its…
There is a broad expectation that contagion will rise as Ireland is bailed out by EU nations and the IMF. Much like Greece, Ireland could not afford to finance its debt. Fears about default…
Chinese and Indian workers believe that they have bright futures and that their employers and superiors will take care of them. That is the conclusion of a recent survey by Kenexa, an employment research…
Economists in general were sanguine about the economic recovery as late as early fall. The optimism began to slide and the economy’s downward momentum has begun to accelerate. The highly regarded survey by the National Association…
Reuters: EU and the IMF began to work out details of an Ireland bailout. Ireland will finish work on a $20 billion set of budget cuts. Reuters: China has started to work on programs…
Earlier in the weekend, there appeared to be a chance that Ireland would avoid a bailout from EU nations and the IMF. It was reported later that Ireland might take a $130 billion rescue…
Facebook is a dominant presence on the internet and around the world, but that dominance may be greater than nearly anyone could have imagined. Traffic to the huge social network now accounts for nearly…
By Robert Herbst Since the 2001 terrorist attacks, over seven billion passengers have gone through US airport security and not a single terrorist has been caught! For clarification, I am not a “security expert”;…
The European Commission plans to give a “thorough assessment” of a four-year budget plan to be released on Tuesday. According to the Irish Times, “The European authorities and the IMF are working on the basis…
According to information supplied by The Wall Street Journal to its subcribers: Federal authorities are preparing insider-trading charges that could ensnare consultants, investment bankers, hedge-fund and mutual-fund traders and analysts across the nation. The…
Futurists are an odd lot. Generally, they are authors, scientists, consultants and economists. What many people don’t know is that investors follow this philosophy as well. Their goal is to pick winning investment themes…
There is a strong revival of retail stocks occurring after two years of the damage done by a free fall in consumer expenditures. Retail companies that are part of the S&P 500 have been…
The Apple (NASDAQ: AAPL) iPhone may appear to be invulnerable at the top of the smartphone food chain, but it may soon have company. ChangeWave reports “Among individual iPhone models, the iPhone 4 received…
German automaker Volkswagen AG (OTC: VLKAY) doesn’t exactly say that it wants to be the world’s largest carmaker. Instead it says that it plans “to make Volkswagen the world’s most future-proof automotive group.” Whatever…